Airports Council International (ACI) has released the Winter 2023 edition of its Industry Metrics Report. This report outlines several key metrics that could influence airport construction projects, including passenger volume and capital spending.
According to this edition of the report, while capital expenditures rose from 2011-2019, there was an increasing level of caution toward leveraging debt to finance large-scale improvements. However, air travel demand continues to grow, leading to the increased likelihood that airports will still need to expand capacity and improve facilities to meet the needs of travelers.
Take a moment to read the Winter 2023 edition of this report.